Front Street Capital Management Selects SEI for Custody and Advisor Technology
SEI (NASDAQ:SEIC) announced that Front Street Capital Management has selected their custody and technology solutions, transferring over $600 million in assets under management. Front Street chose SEI for its integrated infrastructure providing end-to-end advisor business solutions and dedicated service model. The Montana-based registered investment advisor specializes in purpose-driven companies with long-term compounding ability. The partnership aims to enhance Front Street's operational efficiency and client service capabilities through SEI's integrated technology platform and advisor services.
SEI (NASDAQ:SEIC) ha annunciato che Front Street Capital Management ha selezionato le loro soluzioni di custodia e tecnologia, trasferendo oltre 600 milioni di dollari in attività sotto gestione. Front Street ha scelto SEI per la sua infrastruttura integrata che fornisce soluzioni complete per le attività degli advisor e un modello di servizio dedicato. L'advisor d'investimento registrato in Montana si specializza in aziende orientate agli scopi con capacità di capitalizzazione a lungo termine. L'obiettivo della partnership è migliorare l'efficienza operativa di Front Street e le capacità di servizio ai clienti attraverso la piattaforma tecnologica integrata di SEI e i servizi per advisor.
SEI (NASDAQ:SEIC) anunció que Front Street Capital Management ha seleccionado sus soluciones de custodia y tecnología, transfiriendo más de 600 millones de dólares en activos bajo gestión. Front Street eligió SEI por su infraestructura integrada que proporciona soluciones comerciales de extremo a extremo para asesores y un modelo de servicio dedicado. El asesor de inversiones registrado en Montana se especializa en empresas impulsadas por propósitos con capacidad de capitalización a largo plazo. La asociación busca mejorar la eficiencia operativa de Front Street y las capacidades de servicio al cliente a través de la plataforma tecnológica integrada de SEI y los servicios para asesores.
SEI (NASDAQ:SEIC)는 Front Street Capital Management가 자산 관리 하에 6억 달러 이상의 자산을 이전하면서 그들의 보관 및 기술 솔루션을 선택했다고 발표했습니다. Front Street는 끝에서 끝까지의 고문 비즈니스 솔루션과 전담 서비스 모델을 제공하는 통합 인프라로 인해 SEI를 선택했습니다. 몬타나에 본사를 둔 등록 투자 고문은 장기적인 복리 능력을 가진 목적 지향 기업에 특별히 초점을 맞추고 있습니다. 이번 파트너십의 목적은 SEI의 통합 기술 플랫폼 및 고문 서비스 를 통해 Front Street의 운영 효율성과 고객 서비스 역량을 향상시키는 것입니다.
SEI (NASDAQ:SEIC) a annoncé que Front Street Capital Management a sélectionné ses solutions de garde et de technologie, transférant plus de 600 millions de dollars d'actifs sous gestion. Front Street a choisi SEI pour son infrastructure intégrée offrant des solutions commerciales de bout en bout pour les conseillers et un modèle de service dédié. Le conseiller en investissement enregistré dans le Montana se spécialise dans les entreprises axées sur des objectifs avec une capacité de capitalisation à long terme. Le partenariat vise à améliorer l'efficacité opérationnelle de Front Street et ses capacités de service client grâce à la plateforme technologique intégrée de SEI et aux services de conseil.
SEI (NASDAQ:SEIC) gab bekannt, dass Front Street Capital Management ihre Verwahrungs- und Technologielösungen ausgewählt hat und über 600 Millionen Dollar an verwaltetem Vermögen übertragen hat. Front Street wählte SEI aufgrund der integrierten Infrastruktur, die umfassende Lösungen für die Geschäftstätigkeit von Beratern und ein dediziertes Servicemodell bietet. Der in Montana ansässige registrierte Anlageberater spezialisiert sich auf zielgerichtete Unternehmen mit langfristiger Kapitalisierungsfähigkeit. Die Partnerschaft zielt darauf ab, die betriebliche Effizienz von Front Street und die Kundenservicefähigkeiten durch die integrierte Technologieplattform und die Beratungsdienste von SEI zu verbessern.
- Secured new client with $600 million in assets under management
- Expansion of custody and technology solutions business
- Strategic partnership strengthening market position in RIA segment
- None.
Insights
Front Street Capital Management's selection of SEI for custody and technology solutions represents a significant business win, bringing
The strategic value lies in SEI's ability to provide end-to-end infrastructure solutions, which is increasingly important as RIAs seek operational efficiency and scalability. Front Street's emphasis on SEI's culture and long-term focus aligns with current industry trends where RIAs are prioritizing custodial partners based on cultural fit and technological capabilities rather than just traditional custody services.
Integrated Custody and Technology Solution Powers Connected Experience and Business Growth
Front Street is moving more than
For more than 25 years, they have been identifying companies that they believe continuously improve through stakeholder engagement. Front Street invests on the assumption that great managers can continually create more customer value by cultivating cultures that demonstrate high levels of cooperation, communication, trust, and continual improvement philosophies.
Michele Blood, Co-Founder and Chief Operating Officer at Front Street, summarized the firm's reasons for choosing SEI as its custodian and technology provider:
"SEI's technology and advisor services capabilities are immensely important for us to provide more effective, efficient, and personal interactions and information for our growing client base, and SEI's commitment to supporting our distinctive investing activities, while continually enhancing their platform's capabilities, provided us the comfort to make the switch. SEI embodies our criteria for enduring, successful businesses, and that is also a key differentiator for us."
Highlighting the benefits of the strategic partnership, Gabriel Garcia, Head of RIA Client Strategy and Experience for SEI's Advisor business, said:
"In today's landscape, tight integration across technology and operations matters—particularly when it comes to efficiently running a business while providing a connected and collaborative experience for advisors and investors. For more than 30 years, we've remained a premier destination for financial intermediaries because of our ability to serve our clients based on their needs. We share Front Street's commitment to providing exceptional client service, and we're thrilled to support them in their mission and power their growth."
Russ Piazza, Co-Founder and Chief Investment Officer at Front Street, added:
"We've been huge fans of SEI's culture for decades and have always admired their team of 5,000 problem-solvers, who are passionate about providing more value to their customers every day. In fact, Front Street has long been an admirer of SEI, and we even designed our own collaborative office layout based on SEI's headquarters. All these years later, we're excited to partner with SEI, so we can deliver our clients a connected wealth management experience and continued focus on value creation."
About SEI®
SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to help drive growth, make confident decisions, and protect futures. As of Sept. 30, 2024, SEI manages, advises, or administers approximately
About Front Street Capital Management
Front Street Capital Management, Inc. (Front Street) is a SEC Registered Investment Adviser located in
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SOURCE SEI Investments Company
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